Logo

GNW

Genworth Financial, Inc.

GNW

Genworth Financial, Inc. • NYSE
$8.68 ▼ -0.34% (-0.03)
Market Cap $3.61 B
52w High $9.15
52w Low $5.99
Dividend Yield 0%
P/E 14.71
Volume 1.82M
Outstanding Shares 416.28M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.873B ▲ $-35M ▲ $116M ▲ 6.193% ▲ $0.29 ▲ $191M ▲
Q2-2025 $1.727B ▼ $-43M ▼ $51M ▼ 2.953% ▼ $0.12 ▼ $151M ▼
Q1-2025 $1.778B ▲ $18M ▲ $54M ▲ 3.037% ▲ $0.13 ▲ $152M ▲
Q4-2024 $1.722B ▼ $-33M ▼ $-1M ▼ -0.058% ▼ $-0.002 ▼ $82M ▼
Q3-2024 $1.844B $-8M $85M 4.61% $0.2 $189M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $48.146B ▲ $88.486B ▲ $78.665B ▲ $8.812B ▲
Q2-2025 $47.469B ▲ $87.336B ▲ $77.557B ▼ $8.788B ▲
Q1-2025 $7.695B ▼ $87.256B ▲ $77.575B ▲ $8.71B ▲
Q4-2024 $7.72B ▼ $86.871B ▼ $77.44B ▼ $8.494B ▲
Q3-2024 $7.747B $90.76B $81.505B $8.311B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $155M ▲ $87M ▲ $308M ▲ $-156M ▲ $239M ▲ $87M ▲
Q2-2025 $90M ▲ $6M ▼ $174M ▲ $-274M ▼ $-94M ▲ $6M ▼
Q1-2025 $54M ▲ $34M ▲ $-14M ▼ $-177M ▲ $-157M ▼ $34M ▲
Q4-2024 $35M ▼ $27M ▼ $220M ▼ $-255M ▲ $-9M ▼ $27M ▼
Q3-2024 $121M $161M $240M $-276M $125M $161M

Revenue by Products

Product Q2-2024Q3-2024Q4-2024Q3-2025
Life and Annuities Segment
Life and Annuities Segment
 $450.00M ▲$430.00M ▼$0 ▼$410.00M ▲
Corporate and Other
Corporate and Other
 $10.00M ▲$10.00M ▲$0 ▼$0 ▲
Long Term Care Insurance
Long Term Care Insurance
 $1.01Bn ▲$1.14Bn ▲$0 ▼$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has trended slightly lower over the last several years, which is common as older insurance books run off and the company reshapes its portfolio. Profitability has remained positive but is uneven. Operating profit and net income swing from year to year, reflecting the realities of long‑term care reserves, investment results, and mortgage insurance cycles. Genworth is making money overall, but with relatively thin cushions and noticeable volatility rather than smooth, steady growth. Earnings remain very sensitive to actuarial assumptions and capital management choices in its insurance blocks.

Balance Sheet

Balance Sheet The balance sheet shows a large, complex insurance company gradually slimming down and de‑levering. Total assets have edged down over time as the business mix shifts and some legacy exposures shrink. Debt has been trimmed, which reduces financial risk, and equity has recovered somewhat after earlier pressure but is still not back to earlier highs. Cash and liquid resources have normalized from previously elevated levels, which likely reflected prior one‑off positioning rather than a permanent state. Overall, the balance sheet looks more disciplined than a few years ago, but still carries the long‑dated obligations typical of long‑term care and life insurers, which remain an important underlying risk factor.

Cash Flow

Cash Flow Cash flow is positive but choppy. Some years show strong cash generation, while others are more modest. Since the business does not require heavy spending on physical assets, free cash flow tends to broadly follow operating cash flow. This pattern is typical of insurers whose cash flow can move with claims experience, reserve changes, and investment income. The structure suggests that Genworth can generally fund its operations and strategic initiatives internally, but investors should expect swings rather than a smooth upward trend in cash generation.

Competitive Edge

Competitive Edge Genworth’s position is split between a strong mortgage insurance franchise and a more challenged long‑term care insurance legacy business. Through Enact, it holds a meaningful place among private mortgage insurers, supported by long relationships with lenders and increasingly sophisticated, data‑driven underwriting tools. This creates a degree of stickiness and some scale advantages. In long‑term care, Genworth has deep experience and a large in‑force block, but that block is financially demanding and tightly regulated. The captive nature of legacy policyholders provides stability but limits flexibility. CareScout, the newer senior‑care platform, is an attempt to reshape the company’s role from a pure insurer into a broader service provider. Overall, Genworth has real strengths in know‑how, data, and distribution, but operates in competitive markets with well‑capitalized rivals and significant regulatory oversight.

Innovation and R&D

Innovation and R&D Innovation is focused on data, software, and service design rather than lab‑style research. Enact uses a modern, risk‑based pricing engine and digital tools for lenders to refine mortgage insurance decisions, which can improve both risk control and customer experience. The more transformative effort is CareScout, a digital ecosystem aimed at helping families navigate aging and long‑term care. Its curated network of care providers, acquisition of a senior‑living marketplace, and development of fee‑based planning services all push Genworth beyond traditional insurance. The company is also redesigning long‑term care products to be more sustainable and has created specialized annuity solutions for older, less healthy customers. Many of these initiatives are still early, so their impact depends on execution, adoption by consumers and partners, and the company’s ability to scale them profitably.

Summary

Genworth today is a transitional story: a legacy insurance group working through the long shadow of its older long‑term care policies while leaning on a solid mortgage insurance business and investing in a technology‑enabled senior‑care platform. Financially, it remains profitable with a more disciplined balance sheet, but with earnings and cash flow that can swing from year to year. Strategically, its deep data, experience, and regulatory know‑how in long‑term care are valuable assets, yet also sources of risk because of the long‑dated promises made to policyholders. The key opportunities lie in successfully modernizing long‑term care offerings, growing CareScout into a recognized platform for aging‑related services, and maintaining Enact’s strength in mortgage insurance. The main uncertainties are execution risk in this pivot, ongoing management of legacy liabilities, and exposure to housing and interest‑rate cycles. How well Genworth manages these trade‑offs will likely define its long‑term trajectory.

NEWS

November 5, 2025 · 4:15 PM UTC

Genworth Financial Announces Third Quarter 2025 Results

Read more

October 31, 2025 · 4:06 PM UTC

CareScout Completes Acquisition of Seniorly

Read more

October 22, 2025 · 8:50 AM UTC

Genworth Issues Statement on UK Court Approval of Santander Appeal Request

Read more

October 15, 2025 · 5:30 PM UTC

CareScout Announces Plan to Acquire Seniorly

Read more

October 9, 2025 · 4:15 PM UTC

Genworth Financial Schedules Earnings Conference Call for November 6

Read more